2630 SW 28th St Ste 44
Miami, FL 33133 · condos · For Sale · 70 days on market
Asking price$307,000
0 beds 1 baths 482 sqft
Suggested offer$294,800$12,200 above the est. market value of $294,800.
View on Realtor.com →Listed by Shelton Coats II · Keyes - Coral Gables
Typecondos
Built—
Price / sqft$637
Est. value (Realtor.com)$294,800
Rent estimate (own analysis)$2,200/mo
HOA$311/mo
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Statusfor_sale
Listed date2026-06-24
Removed date—
MLSMiamiMLS #A12038727
Coordinates25.73882, -80.23700
Address2630 SW 28th St Ste 44
CityMiami
StateFL
Zip33133
Listing ID6585979669
Sourcerealtor, cached 2026-08-21
ZIP market snapshot (33133)
Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $307,000 |
| Down payment (20.0%) | $61,400 |
| Loan amount | $245,600 |
| Closing costs (5.0%) | $15,350 |
| Total cash to close | $76,750 |
| Income | |
| Rent (comp-derived) | $2,200$26,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,024$24,288 |
| Operating expenses | |
| Property tax (real MLS tax bill, from Realtor Search) | $303$3,641 |
| Insurance (placeholder 0.8% of price) | $205$2,456 |
| HOA dues | $311$3,732 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $110$1,320 |
| Total operating expenses | $929$11,149 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $110$1,320 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| apartment | 0 | 1 | 408 | $2,200 | 2024-04-12 | — | |
| apartment | 0 | 1 | 400 | $1,800 | 2026-08-20 | — | |
| condos | 0 | 1 | 330 | $2,000 | 2026-08-20 | — | |
| apartment | 0 | 1 | 408 | $2,241 | 2026-06-24 | — | |
| condos | 0 | 1 | 445 | $2,300 | 2026-08-17 | — | |
| condos | 0 | 1 | 482 | $1,800 | 2026-07-17 | — | |
| apartment | 0 | 1 | 401 | $2,178 | 2026-07-05 | — | |
| condos | 0 | 1 | 550 | $2,200 | 2026-08-24 | — | |
| condos | 0 | 1 | 440 | $1,800 | 2026-08-24 | — | |
| apartment | 0 | 1 | 511 | $2,603 | — | — | |
| apartment | 0 | 1 | 408 | $2,064 | — | — | |
| apartment | 0 | 1 | 408 | $2,064 | — | — | |
| apartment | 0 | 1 | 463 | $2,693 | — | — | |
| apartment | 0 | 1 | 408 | $2,064 | — | — | |
| condos | 0 | 1 | 482 | $1,850 | 2026-08-27 | — | |
| apartment | 0 | 1 | 500 | $1,400 | 2026-08-27 | — | |
| apartment | 0 | 1 | 463 | $2,891 | 2026-09-02 | — | |
| apartment | 0 | 1 | 421 | $2,639 | — | — | |
| apartment | 0 | 1 | 551 | $2,635 | — | — | |
| apartment | 0 | 1 | 551 | $2,639 | — | — | |
| apartment | 0 | 1 | 485 | $3,173 | — | — | |
| condos | 0 | 1 | 392 | $8,660 | 2026-08-31 | — |
Widened to any bedroom count in ZIP. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 2665 SW 37th Ave Apt 202 | condos | 1 | 1 | 756 | $315,000 | 2026-08-31 |
| 6815 Edgewater Dr Apt 201 | condos | 2 | 2 | 1,218 | $550,000 | 2026-08-27 |
| 3250 Grand Ave Apt 506 | condos | 1 | 2 | 999 | $564,000 | 2026-08-21 |
| 2678 Tigertail Ave Apt 1404 | condos | 2 | 3 | 1,274 | $1,910,000 | 2026-08-20 |
| 2678 Tigertail Ave Apt 1202 | condos | 3 | 4 | 1,646 | $2,700,000 | 2026-08-19 |
| 6724176886 | condos | 2 | 2 | 1,882 | $2,150,000 | 2026-08-17 |
| 3 Grove Isle Dr Apt C208 | condos | 2 | 2 | 1,642 | $950,000 | 2026-08-17 |
| 3540 Main Hwy Unit 404 | condos | 1 | 3 | 983 | $850,000 | 2026-08-14 |
| 60 Edgewater Dr Apt 3G | condos | 2 | 3 | 2,960 | $2,239,000 | 2026-08-12 |
| 90 Edgewater Dr Ph 23 | condos | 1 | 1 | 880 | $440,000 | 2026-08-11 |
| 3400 SW 27th Ave Apt 2102 | condos | 3 | 3 | 2,114 | $3,500,000 | 2026-08-10 |
| 3400 SW 27th Ave Apt 207 | condos | 2 | 3 | 1,560 | $1,690,000 | 2026-08-10 |
| 1 Grove Isle Dr Unit A1809 | condos | 3 | 3 | 2,614 | $3,100,000 | 2026-08-04 |
| 2951 S Bayshore Dr | condos | 1 | 1 | 740 | $607,500 | 2026-08-03 |
| 2627 S Bayshore Dr Apt 2904 | condos | 3 | 4 | 2,640 | $6,050,000 | 2026-07-31 |
| 3400 SW 27th Ave Apt 602 | condos | 2 | 3 | 2,110 | $3,100,000 | 2026-07-24 |
| 2951 S Bayshore Dr Ph 3 | condos | 2 | 2 | 1,040 | $1,200,000 | 2026-07-13 |
| 3339 Virginia St Apt 329 | condos | 1 | 2 | 790 | $650,000 | 2026-07-13 |
| 3581 E Glencoe St Unit 501 | condos | 4 | 6 | 2,988 | $5,500,000 | 2026-07-13 |
| 2669 S Bayshore Dr Unit 1503N | condos | 6 | 6 | 5,332 | $9,050,000 | 2026-07-13 |
| 2550 SW 27th Ave Apt 301 | condos | 1 | 2 | 1,120 | $425,000 | 2026-07-10 |
| 2678 Tigertail Ave Apt 701 | condos | 3 | 4 | 1,661 | $3,200,000 | 2026-07-10 |
| 2655 S Bayshore Dr Unit Lph | condos | 5 | 6 | 6,611 | $16,150,000 | 2026-07-07 |
| 2841 Day Ave Unit 2841 | condos | 3 | 3 | 2,590 | $1,775,000 | 2026-07-01 |
| 3044 SW 27th Ave Unit 9 | condos | 2 | 2 | 960 | $610,000 | 2026-06-30 |
| 2655 S Bayshore Dr Apt 1401 | condos | 4 | 4 | 4,812 | $12,512,819 | 2026-06-26 |
| 3034 Oak Ave Unit TH2 | condos | 2 | 2 | 1,360 | $1,725,000 | 2026-06-26 |
| 2655 S Bayshore Dr Apt 1212 | condos | 3 | 4 | 1,694 | $3,150,000 | 2026-06-26 |
| 3339 Virginia St Apt 316 | condos | 1 | 2 | 790 | $670,000 | 2026-06-23 |
| 2665 SW 37th Ave Apt 201 | condos | 1 | 1 | 711 | $290,000 | 2026-06-22 |
| 6855 Edgewater Dr Unit 1DS | condos | 2 | 2 | 1,011 | $630,000 | 2026-06-18 |
| 2650 SW 37th Ave Apt 807 | condos | 2 | 2 | 1,085 | $518,000 | 2026-06-17 |
| 2831 S Bayshore Dr Unit 808 | condos | 2 | 2 | 1,107 | $1,800,000 | 2026-06-16 |
| 3 Grove Isle Dr Unit C1802 | condos | 3 | 3 | 2,398 | $2,020,000 | 2026-06-16 |
| 2678 Tigertail Ave Apt 702 | condos | 3 | 4 | 1,696 | $2,595,000 | 2026-06-15 |
| 3350 SW 27th Ave Apt 1406 | condos | 2 | 3 | 2,028 | $2,300,000 | 2026-06-12 |
| 1 Grove Isle Dr Unit A1110 | condos | 3 | 3 | 2,424 | $2,000,000 | 2026-06-04 |
| 2655 S Bayshore Dr Apt 805 | condos | 2 | 2 | 897 | $1,650,000 | 2026-06-02 |
| 2678 Tigertail Ave Apt 1504 | condos | 2 | 3 | 1,223 | $1,925,000 | 2026-06-01 |
| 3540 Main Hwy Unit 407 | condos | 1 | 2 | 1,092 | $840,000 | 2026-06-01 |
| 2811 S Bayshore Dr Unit 18AB | condos | 4 | 5 | 4,786 | $16,740,000 | 2026-06-01 |
| 60 Edgewater Dr Apt Le | condos | 1 | 3 | 1,117 | $600,000 | 2026-06-01 |
| 2550 SW 27th Ave Apt 701 | condos | 2 | 2 | 1,120 | $535,000 | 2026-05-28 |
| 3 Grove Isle Dr Unit C1807 | condos | 2 | 2 | 1,882 | $1,650,000 | 2026-05-27 |
| 2951 S Bayshore Dr Unit 506 | condos | 1 | 1 | 710 | $528,500 | 2026-05-22 |
| 3350 SW 27th Ave Apt 2203 | condos | 2 | 3 | 1,831 | $1,875,000 | 2026-05-14 |
| 3400 SW 27th Ave Apt 1902 | condos | 2 | 3 | 2,114 | $2,788,000 | 2026-05-14 |
| 3067 Center St Unit 17 | condos | 2 | 2 | 850 | $692,000 | 2026-05-13 |
| 2951 S Bayshore Dr Unit 1012 | condos | 1 | 1 | 680 | $552,000 | 2026-05-12 |
| 3535 Hiawatha Ave Apt 403 | condos | 4 | 6 | 4,453 | $5,750,000 | 2026-05-08 |
Widened to city-wide. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 690 SW 1st Ct Apt 3115 | condos | 0 | 2 | 1,255 | $580,000 | — |
| 20 NE 11 St Unit 3403B | condos | 0 | 1 | 305 | $449,000 | — |
| 8101 Biscayne Blvd Unit R410 | condos | 0 | 1 | 533 | $315,000 | — |
| 90 NE 32nd St Unit 413 | condos | 0 | 1 | 461 | $505,000 | — |
| 90 NE 32nd St Unit 1125 | condos | 0 | 1 | 479 | $650,000 | — |
| 121 NE 5th St Apt 709 | condos | 0 | 1 | 402 | $390,000 | — |
| 20 NE 11th St Apt 2805 | condos | 0 | 1 | — | $650,000 | — |
| 90 NE 32nd St Unit 313 | condos | 0 | 1 | 462 | $550,000 | — |
10-year hold projection
IRR4.2%
Equity multiple1.67x
Total return (10yr)$91,488
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $316,210 | $13,139 | -$7,120 | $242,937 | $73,273 |
| 2 | $325,696 | $13,589 | -$6,704 | $240,091 | $85,605 |
| 3 | $335,467 | $14,054 | -$6,273 | $237,050 | $98,417 |
| 4 | $345,531 | $14,534 | -$5,827 | $233,800 | $111,731 |
| 5 | $355,897 | $15,030 | -$5,367 | $230,327 | $125,570 |
| 6 | $366,574 | $15,542 | -$4,891 | $226,616 | $139,958 |
| 7 | $377,571 | $16,072 | -$4,399 | $222,649 | $154,922 |
| 8 | $388,898 | $16,619 | -$3,890 | $218,410 | $170,488 |
| 9 | $400,565 | $17,183 | -$3,364 | $213,880 | $186,685 |
| 10 | $412,582 | $17,767 | -$2,821 | $209,039 | $203,543 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.